Kandle.xyz is a Singapore-based GameFi project led by Jaideep Yadav that has developed 'Crypto Fantasy Leagues,' a game in which players choose crypto coins as battle tokens and face off against other players. The company completed beta testing during a soft launch that attracted over 80,000 players. Kandle plans to publish a roadmap addressing token issuance, token utility, and a Play-and-Win model. It has established a presence in Indonesia, Vietnam, Nigeria, and India and intends to expand across Asia and North America. Financially, the company raised $1.7M in seed funding and intends to use the proceeds to further develop the platform and grow its user base. The team is positioning the product to combine crypto asset exposure with competitive fantasy gaming mechanics.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2023